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An Electrician Purchases a New Truck for the Amount Shown

Question 12

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An electrician purchases a new truck for the amount shown. He trades in an old truck and pays an amount of money in cash toward the total payment. When the loan is paid in full after one year, what will it cost in interest payments? An electrician purchases a new truck for the amount shown. He trades in an old truck and pays an amount of money in cash toward the total payment. When the loan is paid in full after one year, what will it cost in interest payments?

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